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From virtual models to marketing, how fashion brands are using AI today

Inside Retail

Artificial intelligence (AI), the metaverse and ChatGPT are creating the biggest buzz so far this year, and it’s no surprise to see the fashion industry catching the wave. The size of AI in the retail market exceeded US$2 billion in 2020 according to Global Market Insight and is expected to grow at more than 30 per cent between 2021 and 2027.

Fashion 246
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‘Not just another beauty store’: Adore Beauty CEO on entering a crowded market

Inside Retail

Differentiating The bricks-and-mortar beauty retail market in Australia is becoming crowded, with Wesfarmers’ new beauty offering Atomica joining Chemist Warehouse’s Ultra Beauty, homegrown cult-favourite Mecca and international import Sephora. .”

Marketing 250
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The “Great Mall Resurgence” in the American retail market

Inside Retail

For example, in September 2023, the Chandler Fashion Centre in Arizona opened a 250,000 square-foot Scheels, a sporting goods chain, where visitors could experience attractions like riding on a ferris wheel or visiting an aquarium. In fact, data from Placer.ai

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Global luxury brands find safer passage into India’s premium retail market

Inside Retail

Swiss purveyor of luxury chocolates, Laderach; renowned French retailer, Galeries Lafayette; the Spanish fashion powerhouse, Balenciaga; the Swiss emporium for multi-brand watches and jewellery, TimeVallee; and the Dutch haircare salon brand, Keune, are amongst the esteemed names set to establish their presence in India in the months ahead.

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Here comes the Gen Z bride

Inside Retail

In recent years, specific segments of the wedding retail industry, such as bridal wear, have shown exponential growth that is expected to continue. billion last year, the bridal wear market is expected to reach US$18.54 percent in this time frame, Maximize Market Research states. Valued at US$11.85 It has it all.”

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Why Myer’s new chapter has retail analysts and practitioners divided

Inside Retail

Despite shareholders unequivocal approval of Myers deal with Premier Retails Apparel Brands last week, many retail experts remain sceptical of the logic of combining the two businesses. While the luxury and discount markets are relatively unaffected by the cost-of-living crisis, Mortimer noted that the middle-market is really exposed.

Apparel 262
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MAPIC 2024: Highlights of the 2024 Edition

Retail Focus

Numerous conferences and sessions held over the first two days provided a comprehensive overview of market trends, featuring many exclusive international speakers. Retail investment has been especially driven by the strong performance of the Italian, Portuguese, and Spanish markets, alongside robust results in the UK.

Expansion 264